Jeld-Wen Inc. has announced it will begin steps to permanently close its Chiloquin, Ore., facility. In a statement the company said 104 jobs would be lost during the closure adding that “the plant closure and resulting layoff will be permanent, and bumping rights do not exist at this facility.”
On Tuesday, Hardlines reported that Jeld-Wen Holdings had posted Q1 revenues of $776.0 million, down 19 percent driven by the court-ordered divestiture of the company’s Towanda, Penn., facility. The company further posted a net loss of $179.8 million compared to $27.7 million in the same quarter last year.
